$200 billion. That will make this offering the biggest IPO in history, according to The Wall Street Journal.
Yet most investors have never even heard of this company. And even fewer will be able to grab shares in the IPO.
Go here for 839% profits with the next Pre-IPO.
Jack Ma became China’s richest man after launching Alibaba (NASDAQ: BABA). That company is the No. 1 e-commerce company in China. And its business model is like a combination of Amazon (NASDAQ: AMZN) and eBay (NASDAQ: EBAY).
Alibaba was the biggest IPO in history – with a valuation of $168 billion. The IPO raised $25 billion for the company.
Jack Ma now plans to take Ant public in a $200 billion IPO.
Ant is an online payments platform with a service called Alipay. The app has move than 700 million monthly active users in China.
The payments platform was spun out of Alibaba (NASDAQ: BABA). And the deal means that Alibaba continues to own 33% of Ant shares.
Ant Pre-IPO Value Soars
Ant remains privately held.
Yet that’s expected to change when the company launches its IPO on China’s STAR Market.
Ant was launched in 2014 to provide a payment platform for Alibaba.
Just take a look at how the valuation has soared since then:
- 2015: $45 billion value
- 2018: $150 billion value
- 2020: $200 billion
That means the private company’s value has jumped 344%.
Ant’s biggest investors include top private equity firms including Warburg Pincus, Carlyle Group, Silver Lake and General Atlantic. Plus, sovereign wealth funds from Singapore and Malaysia have invested millions. Click here to discover the private equity Pre-IPO secret.
Fidelity Investments also owns private shares of Ant. The firm recently “marked up” the value of its investment in the company.
Biggest IPO
Fidelity filings with the S.E.C. suggest that the value could be worth $305 billion, making Ant the biggest IPO in history.
Alibaba has been a huge success in China. And the stock has performed nicely on the Nasdaq.
BABA shares were $68 at its IPO. The stock was recently trading at an all-time high of $274.
Click here for the next Pre-IPO
Ant is expected to file IPO documents this week. And those filings will be reviewed by stock exchanges in Hong Kong and Shanghai – paving the way for Ant to go public.
The new filings will reveal important details on Ant’s business and financials.
Check back in the next couple days for a timely update.
Plus, get urgent details on the Billionaire’s Pre-IPO Secret. It’s being used by guys like Alibaba’s Jack Ma to grab private shares – right before a company goes public.
Yours in Health & Wealth,
Ian Wyatt